Bloomberg South Africa’s debt levels will exceed 100% of gross domestic product in 2025 and rise to almost 114% before the end of the decade, according to a document presented by Finance Minister Tito Mboweni and seen by Bloomberg. Mboweni made the presentation to the National Economic Development and Labour Council, according to posts on his Twitter and Facebook pages. …

Bloomberg The cluster of oil tankers off China’s coast is growing and the vessels are waiting longer to offload their cargoes amid a lack of onshore storage space after a buying spree earlier this year. The number of oil-laden tankers parked in Chinese waters has swelled since the start of the month with almost 200 ships expected over the course …

Bloomberg Italy’s Eni SpA is weighing a sale of its energy exploration and production assets in Pakistan after operating in the country for about 20 years, people with knowledge of the matter said. Eni is working with a financial adviser to gauge interest in the portfolio, said the people who asked not to be identified as the information isn’t public. …